XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.02 per $10,000 · paid last 24h +0.006%

Price spread now: Lighter against Ondo Perps+0.082%7-day average +0.081% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Ondo Perps Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.071%+$7 on $10k

Price spread, last 7 days−0.040%−$4 · spread now +0.082%, 7d avg +0.081%

Together, before fees+0.031%+ Points / potential airdropOndo Perps: Active · Lighter: Season 3 · farm board+$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.081%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps XAU-USD.P	4,317.9	0.0050	pay 0.0006% / 1h	29m 20s	$15.0M	$55.5M	25x
Short	Lighter XAU	4,321.5	0.0064	get 0.0008% / 1h	29m 20s	$20.3M	$30.5M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Ondo Perps. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Ondo PerpsbpFee LighterbpOrdersPrice spread, now +0.082%Rate

Funding earned: $2.86
Price spread: +0.082% → +0.081%: $0.12
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Lighter: 0 bp × 2 orders: $0
Net: −$2.03
Costs to cover: 0.050%
Break-even: 12.0 days

Slippage unknown: Ondo Perps: no order-book sample; Lighter: live order book, 10 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Ondo Perps no order-book sample	—	—	—	—	—
Sell Lighter live order book, 10 min ago	0.29 bp	0.9 bp −$1	2.0 bp −$20	9.9 bp −$986	21.4 bp −$10.7K

Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

XAU on 39 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bluefin GOLD-PERP	−0.0090%	1h	4,316.5	−0.035%	$25K	$11K	20x	as long as short
SunX XAU-USDT	0.0000%	4h	4,326.1	+0.188%	$92K	$7.7M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,319.8	+0.043%	$270K	—	250x	as long as short
Bybit XAUUSDT	+0.0005%	4h	4,323	+0.118%	$77.4M	$155.0M	150x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.752%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,322.5	+0.106%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USD	+0.0042%	1h	4,321.5	+0.082%	$5.4M	$2.0M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,354.2	+0.840%	—	$1.0M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,318.2	+0.006%	$291.4M	$51.5M	25x	as long as short
Ondo Perps XAU-USD.Plong	+0.0050%	1h	4,317.9	long leg	$15.0M	$55.5M	25x

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended XAU-USD	+0.0056%	1h	4,318.1	+0.004%	$12.9M	$36.9M	25x	as long as short
Lighter XAUshort	+0.0064%	1h	4,321.5	+0.082%	$20.3M	$30.5M	25x
Hotstuff GOLD-PERP	+0.0064%	1h	4,318.9	+0.022%	$32K	—	25x	as long as short
Aster XAUUSD1	+0.0067%	4h	4,324	+0.141%	$72.5M	$277.6M	20x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,317.9	−0.001%	$2.1M	$4.9M	25x	as long as short
Paradex XAU-USD-PERP	+0.0074%	8h	4,321.1	+0.073%	$2K	$13K	5x	as long as short
Kalshi KXGOLDPERP	+0.0076%	24h	4,323.5	+0.129%	$3.8M	$43.6M	15x	as long as short
GRVT XAU_USDT_Perp	+0.0080%	4h	4,323	+0.118%	$1.4M	$3.0M	25x	as long as short
Variational Omni XAU	+0.0090%	4h	4,322.5	+0.106%	$47.4M	$28.8M	—	as long as short
MEXC XAU_USDT	+0.0096%	4h	4,321.8	+0.090%	$362.1M	$330.7M	1000x	as long as short
Binance XAUUSDT	+0.0096%	4h	4,321.9	+0.092%	$416.3M	$2.12B	100x	as long as short
Phoenix GOLD	+0.0100%	1h	4,319.8	+0.043%	$47K	$79K	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,318.5	+0.013%	$1.4M	$1.2M	10x	as long as short
Gate XAU_USDT	+0.0100%	4h	4,324.2	+0.144%	$280.8M	$416.9M	100x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,319.9	+0.044%	$272K	$208K	50x	as long as short
edgeX XAUUSDC	+0.0102%	4h	4,319.5	+0.035%	$30.0M	$61.3M	50x	as long as short
Lighter RH XAU	+0.0104%	1h	4,323.8	+0.137%	$19.8M	$38.7M	25x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,321.3	+0.079%	$160K	$87	10x	as long as short
Kraken Futures PF_XAUUSD	+0.0154%	1h	4,319.4	+0.033%	$584K	$135K	25x	as long as short
Bullet GOLD-USD	+0.0177%	1h	4,322.2	+0.099%	$59K	$82K	10x	as long as short
RISEx XAU/USDC	+0.0184%	1h	4,324.5	+0.151%	$4.2M	$12.8M	25x	as long as short
Polymarket Perps GOLD-USD	+0.0208%	1h	4,321.8	+0.089%	$4.3M	$1.9M	20x	as long as short
Bitget XAUUSDT	+0.0224%	4h	4,321.9	+0.091%	$67.8M	$118.4M	100x	as long as short
HTX XAU-USDT	+0.0241%	4h	4,326.3	+0.193%	$2.8M	$4.9M	75x	as long as short
OKX XAU-USDT-SWAP	+0.0307%	8h	4,322.3	+0.101%	$171.4M	$297.6M	100x	as long as short
BloFin XAU-USDT	+0.0337%	4h	4,323.3	+0.123%	$16.1M	$4.6M	100x	as long as short
Phemex XAUUSDT	+0.0342%	4h	4,324.6	+0.154%	$2.2M	$967K	100x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0375%	1h	4,321.3	+0.078%	$192K	$835K	25x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0462% / S −0.0307%	1h	4,323.3	+0.124%	$252K	—	111x	as long as short